Bollegraaf Invests $12.8M in Greyparrot’s AI Recycling Tech

Greyparrot, a UK-based AI startup specialized in waste analytics through computer vision, has formed a strategic partnership with Bollegraaf Group, a Dutch recycling specialist. With the collaboration, the companies aim to enhance the efficiency of recycling operations with Greyparrot’s AI technology, starting with the integration at Bollegraaf’s test centre. Bollegraaf is investing $12.8 million in Greyparrot, acquiring a significant but non-majority stake, and incorporating its AI vision team into the UK startup.